6690 TECUMSEH Road, Lakeshore, Ontario, N0R1N0
This multi-family property in Lakeshore is for sale.
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$990,000
Lakeshore
Great opportunity for the adventurous investor or developer. Former municipal town hall in Stoney Point, currently converted into a four-unit residential income property offering approximately 4,852.20 sq. ft. of interior space. Situated on an approximately 1.2-acre lot with updated sanitary sewers completed in 2020, separate hydro meters, a renovated roof completed in 2024, and ample room for potential future expansion. A rare property with solid construction, strong income potential, and plenty of possibilities. Additional photos and virtual tours of all four units are available upon request. To protect tenant privacy, serious inquiries only. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 155 days on market, against an average age of 77 days across the listings currently for sale in this city
This multi-family in Lakeshore is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $990,000, about 9.3× the local median household income of $107,000.
Carrying it typically needs a household income of about $193,382 (20% down, 25-yr amortization, stress-tested) — roughly 81% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0R)
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Loading rates, 30-yr amortization
Cash Needed to Close
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